IHCL Looks Forward to Join Hands with Orient Express Hotels

Despite no positive overtures from the Bermuda-based Orient Express Hotels (OEH), Indian Hotels Company (IHCL), which owns 6.9 per cent in OEH, looks forward to partner with it. As quoted on a news website, Ratan Tata, Chairman, IHCL, at the 111th annual general meeting, said, “There is a great strategic opportunity for us, though there is nothing we can say or do. But if you look at that company, it is very similar to IHCL, in the sense it has iconic properties in various countries. We are two companies that are very similar in their search for properties.”

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